Vest Financial LLC Boosts Stake in H&R Block, Inc. $HRB

Vest Financial LLC boosted its stake in shares of H&R Block, Inc. (NYSE:HRB) by 45.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,892 shares of the company’s stock after purchasing an additional 15,851 shares during the period. Vest Financial LLC’s holdings in H&R Block were worth $2,574,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in H&R Block by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 2,849,655 shares of the company’s stock worth $156,439,000 after acquiring an additional 150,184 shares in the last quarter. Norges Bank purchased a new stake in shares of H&R Block in the second quarter worth $97,826,000. Qube Research & Technologies Ltd raised its position in shares of H&R Block by 21.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,750,760 shares of the company’s stock valued at $96,099,000 after purchasing an additional 312,776 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of H&R Block by 5.5% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,598,656 shares of the company’s stock valued at $87,750,000 after buying an additional 83,103 shares in the last quarter. Finally, Marshall Wace LLP boosted its holdings in H&R Block by 24.6% in the 2nd quarter. Marshall Wace LLP now owns 1,091,626 shares of the company’s stock worth $59,919,000 after buying an additional 215,472 shares during the period. 90.14% of the stock is currently owned by institutional investors.

Insider Buying and Selling at H&R Block

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total value of $8,197,820.54. Following the sale, the chief executive officer owned 906,313 shares in the company, valued at approximately $42,107,301.98. The trade was a 16.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.40% of the company’s stock.

H&R Block Stock Up 0.2%

HRB opened at $40.60 on Friday. The company has a market capitalization of $5.13 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 0.66 and a beta of 0.34. The firm has a 50-day simple moving average of $42.89 and a two-hundred day simple moving average of $48.79. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 12.86. H&R Block, Inc. has a 52 week low of $38.88 and a 52 week high of $64.62.

H&R Block (NYSE:HRB) last issued its earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The firm had revenue of $203.55 million for the quarter, compared to analysts’ expectations of $200.13 million. During the same period in the previous year, the firm posted ($1.17) earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Analysts forecast that H&R Block, Inc. will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

Analyst Ratings Changes

A number of research firms have commented on HRB. Barrington Research reissued an “outperform” rating and set a $62.00 price target on shares of H&R Block in a report on Thursday. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $55.00.

About H&R Block

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.